Fri. Nov 15th, 2019

SmartAsset declares Pittsburgh the most undervalued city in America

If you want the most bang for your buck, Pittsburgh is the place to be, according to SmartAsset.

Using a model based on “unemployment rates, price per square foot, high school graduation rates, percent of residents with a college degree, crime rate, entertainment establishment density, average days with precipitation, average number of days with bad weather and walk score,” SmartAsset studied 200 cities across the country and determined that Pittsburgh offered the lowest cost for the same living benefits.

“According to Zillow data, the average home in Pittsburgh is worth nearly $91 per square foot. However, our model suggests that Pittsburgh homes should be worth $266 per square foot.”

Low housing costs aren’t only great for home buyers, but also startups in need of a workspace. SmartAsset also attributes the high value of the city to its educated population, yet another good sign for startups, especially those looking to recruit new team members.

Read the full article here 

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